Nanomarkets published a new edition of their OLED Material Market report, and they have some interesting forecasts and insights. Basically the company is upbeat on OLED displays for mobile devices, and the OLED TV market as well. While they are still cautiously optimistic that the long-term prospects for OLED lighting, they say that it will take many more years for this to become a major outlet for OLED materials.
Nanomarkets projects that the total market for OLED materials will grow from about $450 million in 2013 to over $4.6 billion by the end of 2020 - mostly from mobile displays and OLED TVs. Core OLED materials (emitters, hosts, dopants, HIL, HTL, etc. but excluding substrates, encapsulation, electrodes, etc.) will grow from $265 million in 2013 to over $1.6 billion by 2020.
Nanomarkets still believes that there will be a growing role for solution-processable OLEDs (both small molecule and polymer based) - which is required to reduce manufacturing costs enough to enable OLEDs to compete in the lighting and display sectors.
Nanomarkets were kind enough to offer a $250 discount on this new report for OLED-Info readers, contact us for details.